Thrupenny Launches Yield Farming Platform SeaPRwire

Thrupenny Launches Yield Farming Platform

Thrupenny, an exciting crypto start-up, reached a major milestone, successfully launching a ground-breaking Yield Farming Platform. Singapore, September 06, 2022 – (SEAPRWire) – Thrupenny announces it has successfully launched its Thrupenny Yield Farming Platform dedicated to users that want to participate in DeFi yield-bearing opportunities. Yield farming is a strategy in which an investor deposits cryptocurrencies into a lending protocol in return for interests generated from transaction fees. As an added incentive, additional rewards from the ecosystem’s governance token are distributed to users. The platform aims to simplify the yield farming process by creating a seamless and streamlined process for users, removing any barriers to entry for the average investor to earn passive income that were earlier available to only a select few. Activity on the platform is expected to grow steadily in the coming months as its community users begin to use the services on offer. “We are extremely excited to launch the Thrupenny Yield Farming platform to allow DeFi investors access to a stable long-term yield generated from real-world assets,” says Nicholas Chau, CFO of Thrupenny. “The Thrupenny Yield Farming platform presents an excellent opportunity for users to lock their crypto holdings in a liquidity pool to earn attractive APY in a safe, sustainable and robust manner, and early users get to receive a higher APR, since the APR rates depend on the liquidity locked in a pool.” About Thrupenny Thrupenny, being a powerful DeFi platform, aims to be a one-stop solution for crypto holders to invest their cryptocurrencies in a decentralised manner. Thrupenny makes participation in a complicated area of crypto simple and accessible for all, giving users the control and insights from a single application. Through the Thrupenny platform, users can stake their crypto and start earning passive income with a click of a button. The platform is secured by an in-house team of security specialists and audited by industry-leading crypto auditing firms. The Thrupenny development team combined has decades of experience developing effective products that can shape the future and seeks to build a decentralized ecosystem incorporating numerous DeFi products and services which will drive a new direction of growth and feasibility in the cryptocurrency world. With the Thrupenny native token TPY, investors can enter a rich ecosystem that offers attractive APYs and much more. Media Contact Brand: Thrupenny Contact: Adrian Lee Email: cs@thrupenny.io Website: https://thrupenny.io/ SOURCE: Thrupenny The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Kagome and NEC establish a joint venture in Portugal to provide farming support for processed tomatoes using AI JCN Newswire

Kagome and NEC establish a joint venture in Portugal to provide farming support for processed tomatoes using AI

Tokyo and Aichi, Japan, Jun 15, 2022 - (JCN Newswire via SEAPRWire.com) - Kagome Co., Ltd. and NEC Corporation will establish DXAS Agricultural Technology, a joint venture in Portugal to provide farming support for processed tomatoes using AI. Establishment is scheduled for July of this year.The new company will contribute to sustainable agriculture in countries around the world by promoting environmentally friendly and profitable farming through the integration of Kagome's agronomies and NEC's technologies.BackgroundThe production of processed tomatoes is expected to continue expanding in line with population growth and economic growth, particularly in emerging countries. However, for sustainable tomato cultivation, we need to address a variety of issues, such as responding to a decline in producers and reducing environmental impact.In 2015, Kagome and NEC began technological development and business verification of farming advice using AI(1) with the aim of realizing environmentally friendly and highly profitable farming. Since then, the companies have begun conducting demonstration tests in Portugal, Spain, Australia, the United States, and are currently expanding business in 7 additional countries.In April 2020, we signed a strategic partnership agreemen (2). With the Smart Agri Division, an organization newly established within Kagome under the direct control of top management, the two companies used NEC's AI-enabled agricultural ICT platform, CropScope, to further improve the functions and quality of farming advice, as well as to study the marketing and future potential of farming support businesses.We recently decided to expand business with the launch of a new company, aiming to further accelerate technological development and strengthen sales activities in the farming support business.By further combining Kagome's knowledge of tomato farming with NEC's AI-based analytical and forecasting technologies, we will accelerate farming support mainly in the processed tomato markets of Europe, the Americas, and Australia.Vision"Innovate global agriculture with DX solutions"By delivering optimal solutions created by incorporating skilled farming technologies into AI, we will enter an age in which everyone can conduct agriculture accurately and efficiently.We aim to establish new agriculture that is adaptable to climate change, sustainable, low input, high output and more productive.Accelerating technological developmentWe will accelerate the creation of new value and the enhancement of services from the AI technologies that we have accumulated.In terms of future initiatives, we will further improve the efficiency of farming operations through collaboration between AI and irrigation facilities, and contribute to reducing the burden on tomato processing companies and producers.Furthermore, we aim to provide environmentally friendly and profitable farming support services by improving comprehensive cultivation methods (from soil preparation to harvesting) from Kagome's agricultural research results, which is important for crop growth.Strengthening the Service Provision SystemWe will strengthen service provision systems through the new company and develop a global system in which personnel with agronomic knowledge and experience understand each user's farm site and support the proposal of optimal services and the application of technology.We will also strengthen partnerships in the agricultural industry to further accelerate business development."We believe that our business, through CropScope, will help realize both environmental sustainability and profitable farming while fulfilling the promise of farmers, like us at Kagome, to contribute toward people's health through the nutritional value and delicious taste of tomatoes," said Yoshihide Watanabe, Director & Senior Managing Executive Officer, Kagome. "This Business will help realize environmentally conscious and profitable tomato farming, along with the social value of supporting our customers' food and health, leading to growth of our new company and Kagome.""In the face of a challenging global environment characterized by global warming, climate change, soil pollution, and soaring prices for water and fertilizers, we have continued to develop solutions with Kagome, aiming to provide value to production sites and food safety by utilizing AI and other advanced technologies," said Osamu Fujikawa, Executive Vice President and CFO, NEC Corporation. "Going forward, NEC will work with the new company and Kagome to provide direct value to society through NEC technologies that contribute to food production and agriculture worldwide."(1) NEC reinforces agricultural ICT for global marketswww.nec.com/en/press/201511/global_20151111_03.html(2) NEC and Kagome to provide AI-enabled services that improve tomato yieldswww.nec.com/en/press/202003/global_20200331_01.htmlAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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